Welcome!

Blog Feed Post

Petrotechnics to Share New Approach to Managing Asset Integrity Risk at Oil & Gas IQ AIM, Stavanger

Aberdeen, 21 January - Petrotechnics, the global leader in transforming frontline operational performance and lowering operational risk will be presenting at the Oil and Gas IQ Asset Integrity Management Summit in Stavanger, 27th - 29th January 2014.

Petrotechnics will present a plenary session exploring the use of new technology to better manage Asset Integrity risk and improve production efficiency. The presentation will highlight the importance of achieving a holistic understanding of overall operational risk by linking Asset Integrity risk (barrier impairments) with the current workload risk.

In hazardous industries, the challenge to achieve better ways of managing Asset Integrity risk is ongoing and the failure to do so results in increased operational and safety risks to the asset, the people and the environment. The combined pressures of compliance, regulations and production efficiency add to these challenges and can significantly impact the bottom line, underlining the need for integrated and sophisticated programmes to minimize impact on production.

Traditionally, organizations struggle to consistently and reliably capture the most appropriate data required to provide them with accurate risk profiles of the status of the plant and the cumulative risk of all of the work scheduled to take place during a defined period of time. Where organizations have a holistic view of their operating environment including the health of their barriers, day-to-day risk and the dynamic interaction of the two, they can make more informed and effective decisions to lower risk and allow more work to be done safely.

Petrotechnics will highlight how Asset Integrity professionals can use new technology to systemize how operational risk is dynamically captured, visualized and managed across plants. With a common and improved view of operational risk, organizations can make better informed decisions to improve the overall the health, integrity, safety and efficiency of assets in order to get more work done safely and improve operational excellence.

"We've been helping companies to lower operational risk and improve production efficiency for over a decade. We help our customer to optimize how they manage the link between Asset Integrity and Workload Management to improve frontline operations", said Scott Lehmann, Vice President of Product Management and Marketing. "With Proscient, our customers are able to proactively optimize the work schedule by managing workload against risk in the dynamic plan, enabling them to get more of the right work done safely, efficiently and sustainably. AIM Stavanger will give us the ideal forum to share our passion and expertise with the Asset Integrity Management audience", added Lehmann.

Attendance at the event follows Petrotechnics' recent partnership with Oil and Gas IQ's Global Asset Integrity Event Series to provide thought-leadership and practical solutions on the topic of Asset Integrity risk management. This will be the second event in the series with Petrotechnics taking a leading role following the success of Asset Integrity Management Houston where Proscient was met with enthusiasm and interest from some of the leading Oil and Gas operators in the US and had particular resonance with senior Asset Integrity and HSE delegates.

For more information visit: http://www.petrotechnics.com/solutions/lowering-operational-risk

END

For further details, please contact;
Jennifer Urquhart
Telephone: + 1224 395951
Mobile: + 7534 280540
[email protected]

Source: RealWire

Read the original blog entry...

More Stories By RealWire News Distribution

RealWire is a global news release distribution service specialising in the online media. The RealWire approach focuses on delivering relevant content to the receivers of our client's news releases. As we know that it is only through delivering relevance, that influence can ever be achieved.

Latest Stories
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
The IoTs will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm and share the must-have mindsets for removing complexity from the development proc...
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that Isomorphic Software will exhibit at SYS-CON's [email protected] at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, high-productivity enterprise web applications for any device. SmartClient couples the industry’s broadest, deepest UI component set with a java server framework to deliver an end-...
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
How will your company move to the cloud while ensuring a solid security posture? Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is ...